Overview:Future Solar Systems is a systems integrator that brings volume buying power and experienced installation resources along with project financing to deliver large solar electric systems for our commercial and public customers. We make it easy and affordable for everyone to have an advanced high performance solar PV system.
Future Solar Systems builds on a proven business model. The solar electric system is installed at the host organization’s site. It is financed through a combination of tax credits, rebates and investments by a third party, with no capital cost to the customer.
During the initial recovery period, the long term investor is repaid through a combination of tax credits, rebates and revenue from sales of electricity. This period will range from 8-10 years depending on the specific project.
After the recovery period, the system is converted over to ownership by the host and the free electricity produced is provided to the host along with the Renewable Energy Credits received for power produced, which we recommend that the user sell to cover the low cost of maintenance for the balance of the system’s life. The solar panels are guaranteed by the manufacturer typically for 25 years. The inverter typically is guaranteed for 10 years and is expected to be replaced once during the PV system life.
Schools and other non-profit hosts:
Schools and other non-profit organizations will receive solar generated electricity initially at a reduced and stable rate (lower than prevailing utility rates) during the recovery period, then at virtually no cost after that. This also makes a very favorable statement of “being green” and providing a significant educational opportunity.